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AN ORDINANCE AUTHORIZING THE CITY OF JONESBORO TO AMEND THE 2017 CAPITAL IMPROVEMENT BUDGET TO ADD $54,220 FOR TRANSMISSION LINE STRUCTURE RELOCATION FOR PARKER ROAD EXTENSION JOB 100807
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WHEREAS, the City of Jonesboro passed the 2017 Budget in Ordinance 16:085, which will need to be amended in order to effectuate said increase in the Capital Improvement Budget for an unpaid bill from Parker Road Extension project authorized by AHTD in 2014; and
WHEREAS, the Arkansas Electric Cooperative Corporation did not submit an invoice to the City of Jonesboro until 2017; and
WHEREAS, the Federal Funds were expended on the project; and
WHEREAS, the budgeted amount in line item 07-170-0751-00 (Transportation Projects) will need to be increased by $54,220.
NOW, THEREFORE, BE IT ORDAINED by the City Council for the City of Jonesboro that:
1. The 2017 Capital Improvement Budget is hereby amended to provide for an increase of $54,220 for the purpose of paying an unpaid, unreimburseable bill for utility location on AHTD Job 100807 approved in 2014.
2. The money for said increase will come from reserves and be added to the existing appropriation for line item 07-170-0751-00.
PASSED AND APPROVED this 16th day of May, 2017.